Comments on: Can I include zero balance expenses in a Profit and Loss Statement? http://netclubusa.net/tax-return-software/can-i-include-zero-balance-expenses-in-a-profit-and-loss-statement/ Be smart, do your taxes on time! Fri, 06 Jul 2012 04:39:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: capwest5a http://netclubusa.net/tax-return-software/can-i-include-zero-balance-expenses-in-a-profit-and-loss-statement/comment-page-1/#comment-4302 capwest5a Tue, 27 Jul 2010 01:41:08 +0000 http://netclubusa.net/tax-return-software/can-i-include-zero-balance-expenses-in-a-profit-and-loss-statement/#comment-4302 Better to just leave off the zero balance accounts. After all, you're just taking up space and telling the reader that nothing happened in those accounts. And, yes, of course, in future, the expense accounts with balances will need to be disclosed/displayed. Better to just leave off the zero balance accounts. After all, you’re just taking up space and telling the reader that nothing happened in those accounts. And, yes, of course, in future, the expense accounts with balances will need to be disclosed/displayed.

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